UDIN Directorate The Institute of Chartered Accountants of India 6th Dec, 2024 Dear Member, Sub: Change in Data Type It has been decided to implement change in data type for capturing figures/values of the parameter(s) from alpha numeric to numeric under all categories viz. Certificate, GST &Tax Audit and Audit & Assurance Functions in a phased… Read More »
RBI/2024-25/93 CO.DPSS.POLC.No.S908/02-14-003/2024-25 December 04, 2024 The Chairman / Managing Director / Chief Executive Officer Authorised Payment System Operators and Participants (Banks and Non-banks) Madam / Dear Sir, Amendment to Framework for Facilitating Small Value Digital Payments in Offline Mode This has reference to the RBI circular CO.DPSS.POLC.No.S1264/02-14-003/2021-2022 dated January 03, 2022 (updated as on August 24, 2023)… Read More »
NEW INCOME TAX NOTICE FOR FY 2021-22 AY 2022-23 I BE READY FOR FILING UPDATED RETURN
ITR PROCESSING UPDATE AND INCOME TAX REFUND STATUS 05.12.24
Advisory on mandatory Sequential Filing of GSTR-7 Returns as per Notification No. 17/2024 Dec 4th, 2024 Multiple tickets have been received regarding sequential filing of return in Form GSTR-7. Taxpayers are referencing FAQs for the same, wherein “it is not mandatory” is mentioned. To clarify, It is to inform that following changes have been introduced… Read More »
GSTR 3B FILING NEW CHANGE FROM NOV 2024 ONWARDS ! देना होगा ज्यादा टैक्स WATCH BEFORE GSTR 1 FILING
PAN 2.0 is going digital: Will you still need a physical PAN card as ID proof and KYC document? , a digital version of the Permanent Account Number (PAN) card issued by the Income Tax Department of India. Here are the key points: PAN 2.0 is digital: The new system focuses on a paperless process… Read More »
TAX FREE PENSION INCOME LIMIT AY 2025-26 पेंशनर को कितनी पेंशन पर नहीं देना होगा टैक्स
Advisory: E-Invoice Glossary and Steps Nov 29th, 2024 Dear Taxpayers, GSTN has prepared an informative resource in the form of an e-invoice glossary and a step-by-step guide for your reference. You can access and download the PDF document by clicking on the link below: 1. E-Invoice Glossary:https://tutorial.gst.gov.in/downloads/news/glossary_on_e_invoicing_v1_1.pdf 2. Step by Step Guide:https://tutorial.gst.gov.in/downloads/news/e_invoice_overview.pdf Thanking You, Team… Read More »
Gross and Net GST revenue collections for the month of Nov, 2024 Dec 1st, 2024 Please click on the link below to view the gross and net GST revenue collections for the month of November, 2024. (https://tutorial.gst.gov.in/downloads/news/approved_monthly_gst_data_for_publishing_nov_2024.pdf ) Thanks, Team GSTN